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SFGTV2
Dec 31, 2012 9:00pm PST
congress coming together. as i read libya's recent history it is a bit like we are reliving the post world war ii years. how right he was. that was chris. always thinking, always sharp, always ready. public service is too often looked down upon by some in this country. often my colleagues in the foreign service la meant they don't make them the way they used to anymore. today we remember a man, chris stevens, whose life and service just proves how wrong my colleagues really are. chris shows us they still make them the way they used to, only an awful lot better, thank you. [applause] >> chris's family would like to invite everyone to a reception after the ceremony. it will be held over there. you are all welcome. let us pray. oh lord, support us all the day long until the shadows lengthen and the evening comes and the busy world is hushed and the fever of life is over and our work is done. then in your mercy grant us a safe lodging and a holy rest and peace at the last. may the author of all life bless us and keep us. in god's name we pray, amen. ♪ ♪ ♪ arab heritage month celebr
MSNBC
Jan 3, 2013 2:30am PST
happened yesterday was that all the tax rates went up and then the republicans and congress together took them down for some people, not for everybody. >> so d.c. is still mixed on the new law but wall street seems to love it. the fiscal cliff deal sent the dow soaring yesterday 308 points now that president signed the measure into law. the question is will the rally continue? we're going to take an early look at the markets as we get all up in your business this morning. cnbc's reporter is live for us now across the pond in london. steve? >> yeah, very good day. the question this yesterday was can they continue the rally? my goodness they did in some fashion. the best rally we've had on the s&p 500, the broad brush of u.s. equities since december in 2011. we've had a two-day decline in the vix which is also a very positive sentiment as well. the s&p 500 now stands at 1462. some of the brokers out there saying, yes, we can go a lot further. we had a previous estimate from deutsche bank of 1508. they now say 1575 year end target for the s&p 500. the rating agencies are still worried about
CNN
Jan 3, 2013 8:00am PST
washington this time, because they were told they want a congress that can work together. they were elected among historically low approval ratings in the house of representatives and they know their job is to get something done. there's a new coalition of democrats, maybe 55 of them, 14 blue dogs left so hopefully democrats who aren't super-liberal who also want to compromise. >>> first breaking news out of the capitol with dana bash, who was watching side to side for an important people to walk by. you asked a very important question. what was it? >> reporter: that's right, the house speaker just came out of the former chamber after gaveling the last congress closed. i asked if he thinks he will lose some of hess members. he shrugged his shoulder and said, yeah, possibly, but he said he thinks he will be final, reelected speaker. the other thing i asked about is whether or not it is true that he told his colleagues that he's done negotiating hess deals, that he from now on will run the house in what's called regular order, meaning bring legislation, bring it up, put it through the
MSNBC
Jan 2, 2013 10:00am PST
and the congress together took them down for some people, not for everybody. there was an automatic tax increase, a whole series of tax increases, which were then countermanded in a second bill. here's the good news, the tax rates that we have now and the deductions and credits are all made permanent, okay, so we never end up with this topsy-turvy situation, and this is where the president is in an interesting position, the one clout he had was this threat to raise taxes on everyone and republicans gave some of what he wanted and couldn't take everything back off the table in terms of protecting taxpayers, but that's gone. so now there are three things apping. one, you've got the sequester, which the president has to fight against. he didn't want to save any of that money. the republicans have insisted on it, and they are going to tell the president it's $1.2 trillion. you find the alternative savings and the sequester takes effect. and the boehner rule, that is you want a trillion of debt ceiling increase because you've overspent by a trillion, which the president is doing for the
MSNBC
Jan 2, 2013 11:00pm PST
. >> what happened yesterday was all the tax rates went up and then the republicans and congress together took them down for some people, not for everybody. >> steven, does that pass the smell test? if i were to run against a republican who voted for whatever it is they just voted on and i said in 2014 my opponent voted for a tax increase, would i not be literally correct? >> you know, there are a lot of conservatives that are grousing today. a lot of them saying republicans should have held out and tried to get a better deal. try to get even fewer americans effected by the tax increase. it is a tax increase, but the question i would pose to you two is what else could the republicans do? i mean, if we went over the cliff, the stock market probably would have gone down another 300 or 400 points, republicans would have been blamed for that. they were playing a lousy hand to begin with. i guess my view is this may have been close to the best outcome that republicans could have gotten given the fact the president won the election and all the taxes were going up. >> howard, let me talk to you about
CNN
Dec 30, 2012 4:00am PST
public calling for congress to come together to pass a deal. >> for the past couple months, i have been working with people in both parties with the help of business leaders and ordinary americans to come together around a plan to grow the economy and shrink our deficits. it's a balance plan. one that would protect the middle class, cut spending in a responsible way and ask the wealthiest americans to pay a little more. and i'll keep working with anybody who's serious about getting a comprehensive plan like this done because it's the right thing to do for our economic growth. but we're now at the point where in just a couple of days the law says that every american's tax rates are going up. every american's paycheck will get a lot smaller. and that would be the wrong thing to do for our economy. it would hurt middle class families and hurt the businesses that depend on your spending and congress can prevent it from happening, if they act now. leaders in congress are working on a way to prevent this tax hike on the middle class and i believe we may be able to reach an agreement that
CNBC
Dec 26, 2012 1:00pm EST
president and the congress together collectively and also individually essentially abdicated their leadership on the budget. i don't know why anybody would necessarily expect that to change over the next two or three days so the best you could hope for is a little bit of kicking the can down the road a little further, abdication. there is no indication there's any movement on a deal yet. the president is coming back into town with hopes of changing that dynamic, but we still haven't seen anything that resembles an agreement. by the way, once they reach something, they've still got to sell this to the individual members of congress, not just on the senate side but also these house republicans who have shown a willingness to sometimes take things to the very edge. >> mr. boehner was not able to pass through or bring to the floor his proposal on plan b which would have allowed tax rates to stay where they were except on the million dollar plus earners. is his speakership in the balance here in any sense? >> in some ways, not bringing stuff to the floor is actually better for him with
MSNBC
Jan 2, 2013 8:00pm PST
republicans and the congress together took them down for some people, not for everybody. >> republicans in the house who supported the bill are saying they can now focus on spending cuts, and only spending cuts. here is dave camp, republican of michigan. >> so this is a first step, permanent tax policy that then sets the stage for comprehensive and fundamental tax reform, and then addressing out-of-control spending. >> republicans are eager to get their revenge by tying the spending cuts to the debt ceiling debate as they did last year. here is senator pat toomey of pennsylvania. >> we republicans need to be willing to tolerate a temporary partial government shutdown which is what that could mean, a temporary disruption because we have to furlough the workers of the department of education or close down some national parks or not cut the grass on the mall. you know, that's not optimal. it's disruptive, but it's a hell of a lot better than the path that we're on. >> senator toomey wants to pretend only a government shutdown would occur if the debt ceiling isn't raised. it's far worse, and p
CNN
Jan 2, 2013 11:00am PST
, including a big day on wall street. the dow skyrocketing after congress comes together on a deal that prevents tax hikes for the majority of americans. but don't get too happy just yet. this deal only sets up a nastier showdown in the coming months. we'll break that down in a moment. but first, this. we're going to start with superstorm sandy. at anytime now, any minute, new jersey governor chris christie set to hold a news conference on the fight over aid to victims of superstorm sandy. these victims may have to wait for months for help, because your congress just cannot get it together. unless, unless a meeting this hour provides a last minute fix, house lawmakers will leave town would the passing an aid package to help sandy survivors rebuild their homes and their lives. lawmakers from areas affected by sandy are furious that the senate-passed bill may die. republican congressman peter king says it is all speaker boehner's fault. >> speaker boehner is the one. he walked off the floor. he refused to toll us why. refused to give us any indication or warning whatsoever. i'm saying any
MSNBC
Dec 27, 2012 1:00am PST
making cuts until congress gets together. if the pain of those cuts which is supposed to make congress act doesn't come, then perhaps congress will not act. the government will wisely try its best to reduce the amount of economic turmoil we might see in the new year, is potentially lessening the political pressure it needed to bring that turmoil to an end. maybe the market or the ceo's will be scared enough they will mobilize before the effects are felt on main street, maybe they will force congress to act before the public knows anything is really wrong. but maybe not. eventually if we go over the cliff, the government will not be able to hide the effect. the white house won't even want the agencies to hold out for very long, maybe just until the end of january. they want someone to feel the pain, so they'll make a deal, he told us. if i'm trying to get them to reach a deal, i want the feds contractors to start saying their contracts have been cut. this is a dangerous game they're playing. they hurt the economy just enough they break the other party's will, but not so much that matter
CSPAN
Jan 2, 2013 6:00am EST
the 113th congress can work together toward honorable compromises to get the people's business done. i urge a yes vote. thank you. >> the gentleman yield back his time. the gentleman from michigan. >> we are going to vote soon. but first we want to hear from our whip, the distinguished gentleman from maryland who has worked so hard on this issue for decades. mr. hoyer. >> the gentleman from maryland is recognized for 3 minutes. >> i thank mr. kemp for his leadership. there is, of course, it's time for partisanship. there is a time for making a political points. that time has been and it will be again. that time is not tonight. all of us have travelled throughout this country and we have heard our constituents and our neighbors and our friends say, please do not have us go over the cliff. we're not sure exactly what going over the cliff means, but they intuitively and deeply feel that it will not be good to go over that cliff. the sooner we come to this -- so we come to this floor tonight with almost everybody who has spoken saying this bill is not perfect. of course, that could be appl
ABC
Dec 31, 2012 5:00am EST
. majority leader, harry reid says lawmakers negotiated through the night and expected to come together around 11:00. if congress doesn't agree, spending cuts will go in to effect and we will pay more taxes. the impact is more than $3400 in a year. >>> she was supposed to return to work this week, instead, secretary of state, hilary clinton is in the hospital. treated for a blood clot that resulted after a fall earlier this month. >> reporter: hilary clinton was admitted to new york presbyterian hospital with a blood clot from a concussion she suffered several weeks ago. he doctors discovered the clot earlier in the day during a follow up exam. no details of where the clot is or other concerns have been releasede first time clinton has been diagnosed with a blood clot. in 98 she was admitted for a clot behind her right knee. the 65-year-old had a stomach virus this month and became dehydrated, fainted and struck her head. she canceled the trip abroad and was not well enough to appear on capitol hill to testify on the attack in libya. doctors want to monitor her medication over the next
MSNBC
Jan 3, 2013 3:00am PST
then the republicans and the congress together took them down for some people, not for everybody. >> speaker john boehner, meanwhile -- >> i've got to stop there. come on. >> fine. >> come on, what world does he live in? >> i don't know. someone tell me. >> john -- >> what's the deal? >> -- i've always liked grover, you know. >> how do you believe someone like that? it is what it is when he wants it to be what it is. and then when it isn't, then he changes. >> they got rolled. republicans wouldn't vote to raise taxes. >> cramer, come on. >> to the million-dollar level. they got rolled and grover got rolled. >> they didn't just get rolled -- >> they got destroyed. >> the whole fundamental premise of grover norquist's ideological and political life was undermined and has collapsed at his feet. not very many people when that happens to them say, look, the last 20 years of my life in rubble at my toes. they figure out some way to explain why, in fact, the sand castle still hasn't fallen apart. but it's pretty obvious what the reality is. >> look, i know i bumped into you guys at the
CNBC
Dec 27, 2012 4:00am EST
today's other top stories. starbucks is hoping the power of caffeine will help bring congress together to avoid a deal on the fiscal cliff. the ceo is earning to write "come together" on cups today. schultz says, quote, we're paying attention. we're greatly disappointed in what's going on and we deserve better. of course, whether congress gets that message is another mart. but the concentration of starbucks stores near capitol hill is relatively low. u.s. stocks slid wednesday on the back of reports that this holiday season might have been the worst for retailers since the beginning of the financial crisis. you can see shares leading the way lower down by .3.75%. holiday sales rose less than 1% this year compared to the 2% increase in 2011. greg, if the u.s. economics et tore is still with us. should we finger the fiscal cliff here for being the english that stole christmas or is there something else going on? >> it might be the fiscal cliff. one of the interesting trends we've seen in the last few months was business spending was taking a hit as companies scaled back their expansion plan
WHUT
Dec 31, 2012 7:30am EST
immigration. the president did promise that he wanted to address it. we're hoping that congress can work together and this year we can come to an agreement on a more comprehensive immigration reform package. >> if we can solve the problem of israel and make sure that israel has a proper, proper nation with safe borders and so on and yet at the same time allow the palestinians to have their own state. if we can solve that one than many of the world's problems in terms of interfaith dialogue will be resolved. >> it's very critical for america to have good reputation to have good liaison with the muslim world. >> we do hope that the president could maybe visit a mosque or attend an american muslim institution and really show that direct engagement, that hey, listen, you are part of the american framework and part of the building of this country. >> we're cautiously optimistic that the obama administration will finally allow sikhs to service in the u.s. armed forces with their articles of faith in tact. it would be a very important and historic step. >> we'd like to see the obama administrat
WETA
Dec 31, 2012 6:30pm EST
. there is nothing new added to the equation it's just when wil the congress get it's act together. and our belief is if they don't pass something tomorrow they will early in the new year. >> you have been predicting thsw year. barring anymore drama for the fiscal cliff what is going to drive stocks higher. >> most global economies willhat quarter by 2 2012 and much of 23 will be a recovery year. also in the u.s. we are looking for 2-point 2% growth and expanding in 2014. and in an in an earnings perspee we saw the trough early this year and going into 2013 see a nine and a half percent increase in u.s. earnings for the s & p 500. >> that is encouraging becausetl up when they all come out for the fourth quarter you are expecting them to be up to 3 and a half percent so nine and a half percent is a big jump. i can see why you a optimistic on stocks. le's go over the sectors that you think could go well. you have selected three areas. consumer discretionary stocks and consumer and healthcare. tell us why. >> to continue with the story . we argeneral wehave a three andt discount. in t
CBS
Dec 31, 2012 7:00pm EST
nothing new added to the ' equation it's just when will the congress get it's act together. and our belief is if they don't pass something tomorrow they will early in the new year. >> you have been predicting thea &s & p will be up 10% in the new year. barring anymore drama for the fiscal cliff what is going to drive stocks higher. >> most global economies willhave recorded their weakest quarter by 20 2012 and much of 2013 will be a recovery year. also in the u.s. we are looking for 2-point 2% growth and expanding in 2014. and in ant in an earnings perspective we saw the trough early this year and going into 2013 see a nine and a half percent increase in u.s. earnings for the s & p 500. >> that is encouraging becausethe earning you tally them all up when they all come out for the fourth quarter you are expecting them to be up to 3 and a half percent so nine and a half percent is a big jump. i can see why you are optimistic on stocks. let's go over the sectors that you think could go well. you have selected three areas. consumer discretionary stocks and consumer and healthcare. tell
MSNBC
Jan 1, 2013 6:00am PST
change the intransigen intransigence, the bad feelings, the inability to work together that we have seen in congress? and i think it's worth pointing out, again, this has been the least popular, least effective congress since they've been keeping records. >> i think -- i could give you a long speech about the way that we elect partisans to office. most of america is in the center. they want us to work together. they want us to get along. unfortunately, due to the way we draw districts and the way primaries are held, we end up generally electing people from the more extreme of the party rather than people from the center that can work together and get along. that's always been a problem in congress. it's only gotten worse in recent years. and as far as productivity, it has to do with divided government. we're not getting along very well because of what i've described. and moving forward, that is the political dynamic. we're going to have the same situation in the new congress that we have in this congress. president obama is still president. the senate is controlled by democrats, the repu
MSNBC
Dec 26, 2012 4:00am PST
republican congress worked together. i say no, you should look at 1999 because even in the worst of times, the president's people were talking to leaders of congress. >> every day. >> and somehow even in the worst of times, even in a constitutional crisis, government worked. people put the country ahead of their own party in the day-to-day workings of the capitol. >> but i think that should give you hope, if the president wins the election, and i believe he will, that something like that will happen next time. let's go back and look at what really happened in the '90s. so we had this -- you know, '94 was contentious, but things got done. and then the republicans won the congress. '95, hardly anything got done. we did get the budgets out on time. >> right. >> i mean, that's the only year we didn't get the budgets out on time. and so there were two government shutdowns. then public opinion shifted strongly against that. the leaders of your caucus and congress decided i'd probably win in '96, and we started working together because the shutdowns were an action-forcing event. this time,
CNBC
Dec 27, 2012 4:00pm EST
together and compromises on these very consentious issues? >> right now congress, the 20% rate plus the 3.8% rate on -- on the health care reform, that's still widening the debt bias. what happens when you widen the debt bias? companies leverage more. companies that are leveraged companies they invest less and create less jobs. >> yeah, go ahead. >> finally, investors get hooked into debt securities. short term higher income and long term inflation kills you. >> but you know how debt works. i mean, that is a -- has been a growth engine in our economy for corporations and individuals. >> we live on debt. >> we borrow to pay for our homes, corporations borrow to pay for factories. >> debt is not terrible, but let's not tax debt -- let not tax borrowing less and let's have investing, and that's the part. i don't think the administration that this is a giant gift for private equity. >> okay. >> because they use -- they use tax efficient debt to go leverage companies, pick them off. >> thank you so much for joining us today. >> making the case for the individual investor out there living on
CNN
Dec 30, 2012 11:30am PST
people complaining that congress only got back together in this respect in recent days and hasn't had this worked out a long time ago. we're going to be sharing your comments throughout the afternoon. throughout the evening. go ahead and send them and martin, we'll be back later on with more. >> congress does work for the people. maybe it's good they hear from the home office from time to time. >>> well there's only one place to spend new year's eve and that is right here with anderson cooper and kathy griffin. they've got a special preview for us. >>> restore revive rejuvenate rebuild rebuild rebuild . >>> leading our coverage from times square on new year's eve. anderson cooper and kathy griffin. the two will host as the new year is welcomed around the world. they're here to tell us what's in store for us. >> i'm here with kathy griffin, kathy, the funny thing is we're on cnn weekend right now. if they're wondering who their typical viewer is, it's you, because all you're doing during the weekend is watch cnn, right? >> i am a cnn super fan, i know the entire slate, the reporter
ABC
Dec 31, 2012 6:00pm PST
congress accepts this deal, being put together tonight, congress could claw back up the cliff. >> just hours before midnight deadline, president obama gathered supporters to announce a deal was within site. >> our immediate priority is middle class families starting tomorrow. i think that is a modest goal that we can accomplish. >> the vice president and senate republican leader leading negotiations, but phone shall deal is expected to increase estate tax from 35ses today 40%. extend unemployment benefits, and bring back higher clinton era tax rates on households making more than $450,000 a year, that $450,000 fresh hold is a major concession. tom harkin threatened to pull support. >> the deal must be one that favors the middle class and he cautioned rinz against taking a spending cuts only approach. >> if they think that is going to be the formula they've got another thing coming. >> some quickly condemned the comments. >> it's dismissive and insulting. >> that is not the way presidents should lead. >> for republicans in congress who said they'd never raise taxes on anyone, t
CNBC
Dec 31, 2012 3:00pm EST
that you see out of congress where they're still not willing to come together and make the hard choices that we need to look at on cutting spending, reform entitlements to stabilize the debt. this is such a lost opportunity. it's really a shame. >> congressman kuhl, we welcome you. i want to get your reaction to this. here's what he said on taxes. >> if republicans think that i will finish the job of deficit reduction through spending cuts alone without asking also equivalent sacrifice from millionaires or companies with a lot of lobbiesists, et cetera. if they think that's how we'll solve this, they've got another thing coming. >> from what we hear the senate republicans have gone along with a tax increase. i can imagine what the president said and what they're talking about is not pleasing to you. >> well, looks like another washington deal and not a fair deal. we've got spending problems. we've got entitlement problems. senate republicans have agreed to tax increases, then i think we're missing out on the real part of the package we need to have. that's dealing with a spendin
CNN
Jan 2, 2013 8:00am PST
saying our citizens are city trying to put their lives together. and asking congress to hold that vote today. so stay tuned, we'll find out if there's reaction from congress. glucerna hunger smart shakes.s they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. [ male announcer ] glucerna hunger smart. excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did she seriously just say that? geico. just click away with our free mobile app. >>> so did you think after coming off an election year, you would have a chance to exhale? think against. there's three more -- we've joined to talk about his favorite five. it's so tough, break it down. >>> the
CSPAN
Jan 1, 2013 2:00pm EST
. the american people are sick and tired of incompetence and political posturing and failure of congress to come together on a bipartisan basis to some of a problem. and they want us to get the problem solved and get this nation moving forward. in the early morning hours in the national w senate, we finald it. now i hope the house will do the same, follow the senate example, and 60 days from now we can approach this problem in a sober, honest mature way instead of a partisan fashion. that's what the american people expect. i took a look, incidentally, of the specific impact of this this morning's vote on my state of illinois and for the record, over 5 million i will i will families will be spared a tax increase under the agreement that we passed in the early morning hours. almost all of them, the working families we described earlier. without an agreement, the average family in illinois would have faced an increase in taxes of more than $2,000. half a million families in my state will continue to receive college tuition tax credits making it easier to send their kids to college. as much
MSNBC
Jan 2, 2013 7:00am PST
have to start all over again. usually there is a tradition in congress of coming together over these big emergencies so there may be another step added today but that time is just running out now. maybe it's a little bit of retaliation on the republicans because they didn't want to see -- be seen as just spending more money, no matter what for after they just did this big, you know, fiscal cliff package. >> and, jim, speaker boehner's spokesman said they're committed to getting it passed this month but there definitely are republicans and whether it's retaliation or something else, they have said that they think that the need is not as great as it's been made out to be. >> well, i don't think there are too many of those republicans in some of those states that actually were impacted and it's one thing to be pretty ideologically driven about spending cuts. it's another thing to sort of turn your back on your fellow americans who truly are in need, go to places all around, including that one area say in queens, not too far from where you guys, chris, 90, 100 homes burned down. those fo
FOX News
Jan 2, 2013 12:00pm PST
congress for coming together and keeping taxes from going up on most americans and delaying the deep spending cuts. we could be in for another battle over the budget in two months when the same cuts are set to kick in again. that is not our only deadline. ed henry is live at the white house. you decided not to go to hawaii? bad choice. talk about the fine print of all of this. >>reporter: it is chilly in washington, dc, and folks around the country could feel colder about the deal as they look at fine print. the president got a campaign-style video out there today with the president selling this not just as a victory for him but for the american people. for him in the sense that he pushed for higher taxes in the campaign and won that and got what he wanted but in the fine print you talk to the tax policy center, a nonpartisan group that the president cite add lot in the campaign, they say the middle class and poor families will be hit harder than you think with 77 percent of house holes seeing the federal taxes go up in 2013 because of the payroll tax cut was not extended. households
PBS
Dec 31, 2012 6:30pm PST
together right now in the senate to pass this bill. he wants both parties to work together and you could really see in his body language that he feels well right now. >> should there be a deal, what needs to happen in both houses of congress for the stopgap effort to go through? >> first, the senate will come together and decide the taxes for the wealthy will go up. now the question is who is wealthy? households to make more than $450,000 per year will see higher taxes. the next obstacle is what is going happen with the additional money? republicans would like to use that money to reduce the debts and democrats would like to spend it. they will find a compromise in the next hour. let's be optimistic. everyone is optimistic that they will finally pass a bill. mr. boehner will then try to find a common ground with democrats in the house and they will have to pass this bill as well. i'm not sure whether they will be able to do that today, so what we might see is that the house will come together tomorrow morning and pass the bill then. >> what happens if there's no deal? to the bills
FOX
Dec 29, 2012 11:00pm EST
wound to our economy. >> reporter: congress will try to find compromise. >> i am still optimistic and i think we can avert this and there is enough common sense to come together and get it solved. >> reporter: a combination will kick in on january 1st. if no deal is made, president obama will press congress to vote on a plan c, one keeping tax cuts in place for most americans. in washington, mike emmanuel, fox news. >> when it comes to the spending cuts, critics are more concerned. they will be cut by $50 million what will be cut is undetermined. >> it's going to affect the operational force that is deployed in terms of its ability to maintain its equipment and to get repair parts and that forces on force is deployed around the world. not just in afghanistan but being reduced. it would impact the training of the force. >> whatever happens, citizens won't so any trouble if congress doesn't act by the new year. they have a few days to act. >>> fair cocks county police made an arrest. the 22-year-old is facing murder charges for stabbing 19- year-old xavier stringfellow to death. the
CSPAN
Dec 28, 2012 11:00pm EST
. armed with a fat kid. we started, of course, together in congress, served together on the board of regents. these are great memories. that goes back 47 years. i could go back to need in this chamber. she and i had some spirited words. and let me tell you, she and dave, when i was at harvard, most wonderful times together. her father still playing virtuoso violin. we have a lot of fun. i always, if you can't forgive a person it's like letting them live in your head. that's not a funny statement. if you can't forgive a person, it's like letting them live in your head rent-free. i mean to mature in the shower thinking, that some of a bitch. he's out golfing. so what do you gain from that? and then, of course, billington working over here. clarence thomas was here. amazing things you go through. i met her. i say to people, why don't you move on. what is the purpose of keeping tabs. this seekers. i prefer the seekers. anyway, billington is up for a library of congress. another guy out there, real wizard. the staff wanted that guy. i'm sitting next to ronald reagan. i said to mark bond,
FOX News
Dec 27, 2012 10:00pm PST
together on every cup. a message directed solely at congress and president obama. >> i hope they take notice of it and it hits home with them that something needs to be happening. >> i don't know if it will work, but it's a great idea. >> at least do something, right? >> absolutely. get off their rear ends and do something. >> looks like they have written something on their cup there. >> it was hidden tore a second. yeah. it's there. >> do you think it's smart? >> i think it's good from the corporate world. at the they need to get people to come together. makes sense. >> if they would listen to starbucks they would solve this and we wouldn't go off the cliff. >> do you think it's a good idea? >> yes. >> do you think it will work. >> no. >> what do you think of the campaign. >> i think it's a great campaign because we don't want to pay higher taxes and have young people and seniors being affected by the economic hardship. times ever har. we've within in this almost ten years now so it's time to come together and solve a lot of issues outside of the fiscal cliff. >> do you think th
CSPAN
Jan 2, 2013 1:00am EST
prosperity. if we're going to accomplish this, we must work together. republicans and democrats, congress and the white house. the federal government and the states. the public sector and the private sector. mr. speaker, some might say that saying those things is a cliche. but as we all know, members are going to have to engage with and rigorous debate, and there it is going to be the clash of ideas, a rigorous debate, but it needs to be done with good faith and the spirit of compromise. i realize and some argue that compromise is a sign of weakness. in fact, one of the great strengths, mr. speaker, of our nation's founders, was their ability to compromise. the very structure of this institution, the united states congress, the very structure of our institution, which joined the people's house, where we are all privileged to serve, with the united states senate, was known as what? the connecticut compromise, or the great compromise. that is the very basis of our founders. too often we forget that while we should never, we should never compromise our principles, we must always, mr. speaker
FOX News
Dec 27, 2012 7:00pm PST
jolt lawmakers need? starbucks starting its own campaign, trying to push congress to come together and avoid that fiscal cliff. so what is starbuck's plan and what do customers think about it? nick hit the ground in washington to find out. >> greta, as the clock runs out on the looming fiscal cliff, one would think the last thing you want to add to the folks up on capitol hill is another cup of caffeine to their already anxiety-ridden nerves. but that hasn't stopped starbucks from brewing up a cup campaign to get our leaders to come together literally. at all of the starbucks stores here in washington like this one in the shadow of the capital, they are scribbling that phrase come together on every cup. a message directed solely at congress and president obama. >> i hope they take notice of it and it hits home with them that something needs to be happening. >> i don't know if it will work, but it's a great idea. >> at least do something, right? >> absolutely. get off their rear ends and do something. >> looks like they have written something on their cup there. >> it was hidden tor
FOX Business
Jan 2, 2013 11:00am EST
together? >> yes. i think the new congress -- everyone is entitled to a breather. this tale guarantees at least modest growth. i guarantee you, over the next week or two, the focus will shift to late february. that is why it will make this last one look tame. cheryl: greg valliere, thank you for joining us. happy new year. >> same to you. >> must be on an at&t connection. that cut short their. 2012 a good year for car sales. this year will be better. is it time to get into auto stock. cheryl: plus, the fiscal cliff relief rally. the time to get out of the market is actually now. take your marbles and run today. first, as we go to break, take a look at s&p winners and losers. first trading day of 2013 on markets now. ♪ [ male announcer ] eligible for medicare? that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and save
ABC
Jan 3, 2013 4:00am EST
relief. a rocky start, as the 113th congress is sworn in today. >>> also today, together again. students and teachers of sandy hook elementary resume the school year just hours from now. >>> flu fears. could this be the worst season in years? why an early start is an ominous sign. >>> and caught in the act. home surveillance cameras coming in handy. a couple who snapped these thieves in their living room. even a politician, out for revenge. >>> and good morning, everybody. belated happy new year, from me to all you guys out there. and we begin with the presidential seal of approval that should keep the country from plunging back into recession. >> late last night, president obama signed the bill to avert the fiscal cliff. he did it from his vacation home in hawaii, via autopen. it's a mechanical device that copies his signature in washington. >>> and that opposition had house speaker facing opposition from fellow republicans. >> he put his job on the line to get it done, only to be met by a new round of outrage by both parties over the hurricane sandy aid package. here's abc's jonathan k
Current
Jan 2, 2013 3:00am PST
failure of congress to come together on a bipartisan basis to solve the problem, and they want us to get the problem solved and get this nation moving forward. >> announcer: this is the "bill press show." >> bill: that was senator dick durbin in frustration. they feature dick durbin on the front page of the "new york times," new year's eve, just showing the frustration -- i guess it was new year's day, actually. many people thought, in particular millions and millions of americans watching this process feel it is total incompetence. anybody who says both parties are to blame. no. it is very clear who is to blame here. even senate republicans came along at the 11th hour. it was the gang of bozos that were unwilling to get anything done. before we go to calls peter on twitter? >> yes indeed. lots to talk about on twitter we tweet @bp show. allen marion saying i wish i could go to my job and do nothing and not be fired. and re fletcher from the bush white house tweeted yesterday during all of these talks. i increased donations to charity in 2012. this deal limits my deductions so i and like
FOX Business
Dec 31, 2012 6:00pm EST
you are getting a pay raise in the new year as well. all this could have been avoided if congress got its act together, but the doomsday option hit and the president set in motion. there is a chance of some sort of deal, but we have to wait until the new year. let's go directly to washington senior washington correspondent, peter barnes, with details of negotiations. >> reporter: still some pieces being negotiated tonight, particularly on the sequestration, those automatic spending cuts that are supposed to take effect on january 2nd. about $100 billion. about half of that on the past -- defense department. still trying to work through the details of some democratic and republican side. it's unclear if there will actually get to a vote in the senate on that tonight, but they could if they work something out. otherwise we have the framework from sources familiar with these negotiations. here are some of the things that are on it. taxes would rise to return to the clinton error rates for families making over 450,000 year to may individuals making more than 400 to a back to the top r
FOX Business
Dec 28, 2012 11:00am EST
work together. we can make compromises. you know, we have some new people in congress who made a promise back home, we won't compromise on anything, but stand by the principles and never compromise. unfortunately, things can't work that way. you must compromise. dagen: senator, great to see you, thank you so much. >> thank you very much. good to be with you. dagen: avoiding the cold in your home state for the time being. >> thank you. dagen: good to see you, be well. uncertainty hitting business planning for 2013 and beyond. drew green black, ceo of steel, part of a small group of business leaders invisitted to the white house last month on the fiscal cliff, and based on your meeting, drew, does the president understand the damage being done to business and the country already just because of the lack of action? >> i think the president and the congress are right now not serving the people in the best fashion. we need the fiscal cliff resolved right away. this uncertainty causes great harm to the country, and we need very aggressive plans to reformulate our budget so that we don'
FOX Business
Jan 3, 2013 6:00pm EST
cuts in entitlement, and ideally, i can't predict, but ideally the white house would get together with congress and it would figure out what they would be rather than each side sitting there waiting for the other to do it so they could point that the men say, oh, your the one who wants to cut entitlements. that's unfortunately what seems to happen. gerri: it's like an to stocks our relationship. crazy talk. it to you, the president's record on debt, the worst of any president in our history. the national debt is up since it came into office. i believe that 60 percent. what should he do? >> well, as the problem. you have just hated it. i don't think this is a president who is interested in reducing the size and scope of government. take a step back and look at the big picture. barack, is a big government liberal. that's who he is, who he is ideologically. add all the key has never been any different, as much as people attempted said said he was a pragmatist. he does not fundamentally believe in cutting government. if you get to barack obama and singh were spending 24 percent of our econ
FOX
Dec 28, 2012 10:00pm PST
work. we have sleepless nights and they need to put themselves in our shoes. >> reporter: if congress cannot put their act together the financial cliff for 1.2 million americans 400,000 here in california may be a financial guillotine, tom vacar, ktvu news. >>> as tom mentioned 1.2 million americans would lose their long term unemployment benefits a deal could not be reached. a big portion of that population lives in california where 400,000 people would be affected. in the bay area we found there are more than 22,000 people in alameda and contra costa county that would lose their benefits. >>> the comptrollers office advice that employers use 2010 rates. social security would take an extra 2%. if the cliff is avoided, workers will be reimbursed. >>> a new alert system for missing seniors is set to take effect in california january 1st. it's called the silver alert program. the system is similar to the amber alert program for missing children. but it's intended for seniors who suffer from dementia. they will issue emergency reports to median and laboring law enforcement agencies. >>>
CNN
Jan 3, 2013 9:00am PST
, really worked together to get that deal done. there were lots of folks angry about it in the congress. dana knows this better than anyone. they were mad because they were kind of cut out, including at certain points, harry reid, the leader of the democrats. the president said to joe biden get this deal done, and so he did. he's being heralded as a hero by some, but by others who think there weren't enough promises made on the budget cuts in it, they're saying that he punted. >> here comes the next batch of senators to be sworn in for this term, for this 113th congress. similar ceremonies are going to take place on the house side as well. the 112th congress is now history. not a whole lot of legislation passed the house and senate and went to the president's desk for his signature. there's a lot of people saying, maybe the 113th congress will be more productive than the 112th congress was, not necessarily a high hurdle to pass. let's listen to the vice president. >> supported to defend the constitution of the united states against all enemies foreign and domestic. that you will bear tr
FOX News
Dec 30, 2012 10:00pm PST
have to get their act together and get this done. >> i don't just blame both partys in congress i blame the president, too. this is about rolling up your sleeves making phone calls i remember whether it's lyndon johnson or bill clinton or ronald reagan they knew how to work the telephone. that's not happening here. >> it isn't. i think there's blame on both sides. one of the frustrations when i go to republican source on capitol hill they say the president is in the same place negotiation as he was 6 weeks ago that is to say you were right when there was spending problem. we are spending 1.2 trillion more than we take in. the amazing thing five, six weeks into the negotiations the president hasn't proposed a single spending cut. it is an amazing thing. >> this is what is so incredible. there isn't any discussion other than the blame game. i will talk about this later in the show the president seems to be winning on the blame game when you look at some of the polls. let me go back to this issue of not just what happens next week in the paycheck with you we have the debt ceiling $1.
CNBC
Dec 28, 2012 9:00am EST
of congress who are all coming together and saying, this is an issue that we know has to be dealt with and that we have to put aside our partisan differences, we have to put aside the special interests, and work on this. and if we go over the fiscal cliff, we'll have to continue to help members of congress come together and solve this problem. because, again, these are changes that will be made. the question is, are they going to be made on our own terms, or because they're forced upon us, which would be a much, much more damaging way to make changes to our country and to stabilize the deficit and debt, to help grow the economy in the longer term. so we have to keep working on this. it's one of the biggest economic challenges facing the country. >> absolutely. and the longer time goes on, the more we know just how those changes are going to happen. maya, thank you so much for your time. maya mcginnis, joining us from washington. >> our next guest thinks that you can make 20% on the american stock market next year. jim paulson is chief investment strategist at welles capital manage
CNBC
Dec 27, 2012 7:00pm EST
kind of pressure from the outside could really put some force on these members of congress to come together for a deal. the closer we get the more pressure from the outside they're going feel and i think it makes it easier, not harder to get a deal in the last 48 to 24 hour space lot of folks have said that's the sweet spot for a deal anyway and there's another group that says we're going over this cliff, if even just temporarily, michelle. >> thank you, eamon. >> just days from heading back to washington, congressman aaron shaw, republican from illinois. thanks for joining us, representative. you got the call and have to go back to washington sunday, 6:30, what, if anything, are you going to vote on. do you know? >> hopefully the senate would have taken action and it's two days until sunday and the house has aked and we passed hr-8 which was a clean extension for every american and the senate doesn't agree with us and all we get from harry reid, you saw a fiery rhetoric which doesn't only do good for the markets and it doesn't do good for main street businesses and individuals tha
CNN
Dec 26, 2012 4:00pm PST
. just kick the lame duck. so what happened? why can't congress find a way to work together? >> because they don't get along. i think it may have been naive to think that the election was going to be the magic formula. what's it going to take? i think it's going to take for us to go off the cliff and the american public demanding action. i think we're going to see that over and over again. it's going to be the american public demanding action on xwgu control. it's going to be the american public because we have to force them to act. >> but american public also has to stop acting as if they play no role in this. when you look at our politics over the last 20 years, if you were a moderate democrat and if you were a moderate republican, you frankly have been forced out of both parties, so as a result, you've lost the people who can actually bring sides together and say, hey, i could bring 18, 20 on my side of the house to come together. 18, 20, over here. the problem now is you have folks who said i'm in my corner. i'm in my corner and all we're going to do is have a standoff. >> amen, but
MSNBC
Jan 3, 2013 7:00am PST
them. robert gibbs this morning was insisting that the president is trying to work with congress to get things done. listen to him. >> certainly he has worked tirelessly to bring democrats and republicans together to try to solve some of these problems and i think you have seen and others have seen that time after time it is hard to bring people like speaker boehner to the table to make those compromises. >> on both sides they had to bring in biden and mcconnell. obviously, nia, he blames the speaker. what blame or lack of blame is there for president obama? >> it's interesting. out of all of these fights, it's republicans who seem to in terms of the public, the public seems to blame republicans more for some of these standoffs and i think it's probably because republicans don't necessarily have a real leader that's the stature of president obama. and i think also obama has been very smart to go to the american public campaign style and have probably better messaging around this. you already see him talking about the debt ceiling and saying congress can't default on the bills and sk
MSNBC
Dec 28, 2012 11:00am PST
. and so, there's a lot of stuff that could be unleashed immediately if congress would get its act together but they haven't. they cannot. it's holding back consumers. that's why spending at christmastime was evidently restrained as it was and holding back businesses, as well. >> cnbc's tyler matheson, always appreciate your perspective. >> thank you, craig. >>> dock workers threaten to strike and shut down ports. but it didn't happen. but it could happen again. we'll talk about that. >>> no deal in sight before the so-called fiscal cliff. coming up, an update on what if anything can be done from the ranking democrat on the house budget committee, maryland congressman chris van hollen and new information of kelly o'donnell and check out the "news nation" tumblr page. lots of behind the scenes pictures. i love the holidays. and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, every time. 2% on groceries. 3% on gas. automatically. no hoops to jump through. that's 1% back on... [ toy robot sounds ] 2% on pumpkin pie. and apple. 3% b
MSNBC
Dec 30, 2012 3:00pm PST
sequester in january, because they're assuming congress will get its act together in january, february or so. so the idea that the markets are going to panic over this, you know, i think is a red herring. who knows? maybe they tank tomorrow. maybe they go through the roof. but i don't see that happening. though if it did that would drive things a little bit. >> do you have any sense they're feeling pressure from constituents at all? i would describe this as people are profoundly unhappy. >> that's a great point. congress' approval ratings are abysmal. but the pressure from the right for conservatives to cut a good deal, all this discussion about chained cpi is confusion. basically it means that republicans want to include entitlement reform as part of a deal. but why did they take that off the table? because when the debt ceiling comes next year, they can have a bigger fight about entitlement reform. so the big story today is that republicans are starting to resign themselves to the fact that this ultimate deal will be about tax rates and nothing more. >> and taxpayer also have to resign
CNN
Dec 31, 2012 8:00am PST
president and congress have got to work together to stop this dividend tax hike. before it's too late. >>> okay, guys. time to forget about all the fiscal cliff negotiations for just a moment. why? because the entire world is it throwing a giant party to ring in the new year. alina choi is doing her best to keep warm in times square as preparations for tonight kick into high gear. >> reporter: good morning. great to see you. from all the talk about the crystal ball, the confetti and new year's resolutions, here's what you need to know if you come to times square tonight. dress warmly it is frigidly cold, and
CNN
Dec 31, 2012 4:00am PST
is not a whole lot of confidence for folks who feel like congress can't get their act together. >> we'll stay on top of this with you, brow anna. joining us is one of the people who will vote on that deal. con man jason chaf fwnch etz, a republican from utah. and a member of the oversight committee. thank you for being with us. what do you think is happening today? >> good morning, happy new year. let's make sure we use your morning voices, because we wouldn't want the senate to get up too early. they'll reconvene at 11:00. let's be careful here. the ball is in the senate's court. the house of representatives did its job. we passed a bill on august 1st. it extended out every one of the rates and if the president and senate don't like it, it is their responsibility to make an amendment, make the change, have a vote and send it back over to us, we have done our jobs. >> you think you will be voting on a bill today? and, of course, democrats are willing to raise the threshold for raising marginal tax rates to $450,000. mcconnell holding out $550,000 or higher. would you vote on ei
CSPAN
Jan 1, 2013 5:00pm EST
american people are sick and tired of incompetence, political posturing, and the failure of congress to come together to solve problems on a bipartisan basis. we need to move forward. in the early mornings, the senate achieved that. should have been long ago, i understand ag, but we achieve this. i hope we can now approach this in a sober, honest, mature way. i took a look of the specific impact of this morning's vote on my state. 5 million families will be scared a tax increase, almost all of them the working families are described earlier. without an agreement, the average family would have faced an increase in taxes of more than $2,000. half a million families in my state will continue to receive college tuition tax credits, as much as $1,000 of assistance each year, which i am sure is a helping hand. families raising children will continue to benefit from the child tax credit, a yearly savings of about $1,000 on average. nearly a quarter of a million families benefited from the early in pumps -- from the earned income tax credit last year. thousands of illinois children will continu
ABC
Dec 29, 2012 8:00am EST
reason together. why should it be any different or any better in a new congress? >> what does it say about the state of our politics? that these elected officials manufactured a crisis and can't get themselves out of the box that they constructed? what does it say? >> it says that we don't have just an ideological divide. we have a crisis of self-government right now. to be real clear about it. this is a time bomb that congress set. nobody wants to see frustration cuts. but that's the stick they put to their own head as a way of compelling a deal to get done. and a deal doesn't get done. we're not even aiming for the grand bargain that is necessary to reduce long-term deficits and debt. we weren't that far from a deal two weeks ago. but we are today. we're going to get a patch and be here again in two months. congress can't get out of its own way. we keep setting our own traps. and we can't find a way to reason together. >> john, we appreciate the clarity, even if it's depressing. thank you very much. john avlon. >>> a lot of other news developing overnight. for that, let's check in,
KICU
Dec 26, 2012 11:30pm PST
to congress. baristas will be writing come together on coffee cups for the rest of the workweek. ceo howard schultz says he wants to send a respectful, but potent message. >>> new figures show u.s. home prices are higher than a year ago. today's kay shiller price report shows prices in the 20 largest markets were up more than 4% in october. prices in the bay area are up own moore, jumping 8.9%. phoenix topped the list, with prices up 22%. experts say higher prices are an indicater of continued economic recovery. >>> samsung is looking for a big increase in sales next year. close to 400 million phones are expected to be smart phones. >>> after 35 years, the restaurant is closing its doors for good. the fans are saying goodbye to the owner. >> i'm just crushed. >> tony cruz says he was hoping a miracle would save his restaurant, but that miracle never materialized. the landlord plans to demolish the restaurant for a new building. he says he will miss his customers. >> wonderful people. i will miss the energy. their love. >> cruz says the doors will close after this saturday. he says he
FOX
Dec 26, 2012 10:00pm PST
employees in the washington area to send a message to congress. baristas will be writing come together on coffee cups for the rest of the workweek. ceo howard schultz says he wants to send a respectful, but potent message. >>> new figures show u.s. home prices are higher than a year ago. today's kay shiller price report shows prices in the 20 largest markets were up more than 4% in october. prices in the bay area are up own moore, jumping 8.9%. phoenix topped the list, with prices up 22%. experts say higher prices are an indicater of continued economic recovery. >>> samsung is looking for a big increase in sales next year. close to 400 million phones are expected to be smart phones. >>> after 35 years, the restaurant is closing its doors for good. the fans are saying goodbye to the owner. >> i'm just crushed. >> tony cruz says he was hoping a miracle would save his restaurant, but that miracle never materialized. the landlord plans to demolish the restaurant for a new building. he says he will miss his customers. >> wonderful people. i will miss the energy. their love. >> cruz says the do
MSNBC
Jan 3, 2013 12:00pm PST
a congress and a president that are going to roll up his sleeves and work together and act as adults, boy, that's no way to start off. that's really discouraging statement. just as an american, forget as a democrat. as an american, that is just is very sad. >> and let's dig in a little bit more to speaker boehner. former speak eer hastert, the mt pass with the majority of the majority role was talking about the fact they had to pass the fiscal cliff deem without a majority of the majority and he said, hastert said maybe you can do it once, maybe you can do it twice but when you start cutting deals where you have to get democrats to pass the legislation, you're not in power anymore. so what are the ramifications for speaker boehner the way the fiscal cliff did pass? >> one of the responsibilities people aren't focusing on, he has to make sure, try to make sure that his party's brand is sufficient that they get re-elected as the majority party in 2014. and had they caused us to go over the fiscal cliff, let's assume they had rejected the senate deal, republicans as a bloc voted
MSNBC
Dec 31, 2012 10:00am PST
that, you know, at some point congress will get et cetera act together. we do have a new congress coming back in. we keep talking about the so-called fiscal cliff. there are consequences for inaction if that countdown clock gets to zero and there's no deal and no deal has been reached. >> jonathan, thank you. to your point, it's remarkable to me that what we're debating is exactly what we were debating six months ago. it's not as though something has happened recently. this is the debate we've been having or the debate we haven't been having making it all the more remarkable that we have a countdown clock for it. thank you. >> that's right. >> a deal on the fiscal cliff may be at hand, but there's still a lot to do, and not a lot of time to do it. delaware democratic senator chris kuhns. thank you for taking the time. i want to talk about something first that your colleague tom hashi harken said on the senate floor. let's come back and talk about it. >> it looks like all of the taxes will be made permanent, but all of the other things that the middle class and america really depen
CSPAN
Jan 3, 2013 5:00pm EST
congress gets to know each other better and works together, i think there is a different chemistry among the newer members of congress who just got here hot hot. whatever the solution will be, we will try to work at it in an amicable way carry-on. host: do you have any reluctance about the debt ceiling? >> clearly every decision we have to make, whether it's the debt ceiling or the budget, those things have to be carefully crafted and considered because there are so many facets. i learned as a legislator in texas that there is a thing called unintended consequences. >> back in texas, while congress is finishing work, you are watching these votes very late in the night and new year's eve, the senate is voting -- what were you thinking after those kinds of votes? guest: it was a phenomenal thing to watch. i was thinking i hope we are not that bad and we will be better. the last congress did not get very good reviews and i hope the, part of works together better carryall opt caller: i would like to congratulate this rep. and thank you for letting me be on the air. i want to talk about socia
CNBC
Dec 27, 2012 2:00pm EST
saying that congress needs to get together for a compromise. we're going to monitor this situation and we'll let you know if he breaks any news. >>> in the meantime, 12 months ago, brian, you had a few predictions for this year so it is that time of year that we roll out that list and we do see how many of them came true. we're going to hold your feet to the fire, by the way. you're not getting away scott free on this one. >>> i can't wait. plus, a few retail surprises this season. which ones raked in the cash. which ones may have flopped? that is still ahead. >>> and also frequent flyers need to take stock of their status in the next couple of days. how to protect your purse for 2013 a little later on "street signs." stay right here on cnbc. >> announcer: the cnbc real time exchange market snapshot is sponsored by interactive brokers. >> announcer: interactive brokers, the professional's gate way to the world's markets. andm two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a resta
KICU
Dec 28, 2012 11:30pm PST
put themselves in our shoes. >> reporter: if congress cannot put their act together the financial cliff for 1.2 million americans 400,000 here in california may be a financial guillotine, tom vacar, ktvu news. >>> as tom mentioned 1.2 million americans would lose their long term unemployment benefits a deal could not be reached. a big portion of that population lives in california where 400,000 people would be affected. in the bay area we found there are more than 22,000 people in alameda and contra costa county that would lose their benefits. >>> the comptrollers office advice that employers use 2010 rates. social security would take an extra 2%. if the cliff is avoided, workers will be reimbursed. >>> a new alert system for missing seniors is set to take effect in california january 1st. it's called the silver alert program. the system is similar to the amber alert program for missing children. but it's intended for seniors who suffer from dementia. they will issue emergency reports to median and laboring law enforcement agencies. >>> friends in the bay area are remembering a ke
CSPAN
Jan 1, 2013 10:00am EST
this congress is not broken. that we are not so dysfunctional that we can't at minimum work together, come to agreement, compromise. let's get this done. this is too important for the american people to let this go one more day. please join me in supporting the fiscal cliff bill today. yield back my time. the speaker pro tempore: the gentleman yields back. for what purpose does the gentleman from virginia seek recognition? >> i ask unanimous consent toe address the house for one minute -- to address the house for one minute. the speaker pro tempore: without objection, the gentleman from virginia is recognized for one minute. mr. connolly: thank you, mr. speaker. we are about to have a hold your nose vote here in the house of representatives. and many of us are going to wrestle with the problem of making perfect be the enemy of the good. we do have an opportunity to stabilize taxation for 899 -- 99% of all americans. to extend appreciation and investment expansion for small businesses. to make sure that families in america through the child tax credit, the earned income tax credit, an
ABC
Jan 3, 2013 6:00pm EST
new congress is different, more win, more minority and the call, at least to come together. >> to work in friendship and partnership to live up to the legacy of our founders and our aspirations of our constituents. >> that bipartisan saw a display today senator returned after a year abs sense after a stroke and made his way up the steps to get back to work. the nation hoping the rest of congress can do the same. they face a real laundry list of top issues. you have the debt, obamacare sequestration, immigration, all of them but congress gets back to work tomorrow and they are screded to take their first vote -- squeded to take their first vote of the sandy relief package. >> thank you. among the new members sworn into today tim kaine to take the oat of office. jim web is was on hand today swearing in he defeated george allen for the senate seat. >> the i.r.s. is trying to figure out if tax refunds will be delayed because of the last-minute fiscal cliff deal. they are reviewing details and will issue new guidelines soon. several items are listed as reserved because they are waiting
CSPAN
Jan 3, 2013 7:00am EST
together. i think there's a different chemistry among the newer members of congress that just got here. whatever the solution will be, i think we will try to work at it in an amicable way. host: you have any reluctance in raising the debt ceiling? guest: there's always a reluctance about raising the debt ceiling, always reluctant when you are on the edge. clearly, every decision that has to be made here, whether it's immigration or the debt ceiling or the budget, those kinds of things if after the carefully crafted and considered, because there are so many facets. i learned as a legislator in texas that there's this thinks called unintended consequences, that usually makes a big difference that you have to factor in. host: back in texas, while the 100th of congress is finishing up their work, you were watching these votes very late in the night, new year's eve, a senator voting on new year's day at 2:00 a.m. what were you thinking about coming here after those type of folks? guest: it was a pretty phenomenal thing to watch. i was thinking, i hope we are not that bad. i hope to do bette
PBS
Dec 30, 2012 6:00pm PST
well- earned christmas break, both sides would find a way to come together and do something. >> this is not the fault of congress. congress is behaving like congress. this is the president's fault here the president needs to go to the country and explain why they need to get this done. he has never done this. >> i have heard him talk about it over and over incessantly about why we have to avoid the fiscal clip. it is the fault of congress. they created this fiscal cliff. they did it. no one else imposed this on them. >> the president has never gone to the nation and made a serious speech about dt. he ignored it the first two years. he appoints a commission that he studiously ignores for the next two years. that is why we are at the clip now. he is not serious about the debt. none of his proposals to raise taxes on the rich. he has never put any political capital in entitlement reform our tax reform. he'll talk about it here and there. never invested any capital in it. >> any difference of opinion? >> if it is such a trivial amount, the raising of taxes on the wealthy, then why the sq
FOX
Jan 3, 2013 5:30pm EST
& the new year we'll focus on is seeeng if we can put a packaae like this together with a little bit lesssddama, a little bit less brinksmanship. 3 this congress includes thh first hindu congresswomaa, the firrt openly gay enatoo and the first openly bi-ssxual mmmber from either chamber.it also includes a record nuuber oo women 20 innthe senate and 1 in theehhusee- 3 the house ... votes... tomorrow... on aid... for & victiis of supersttrm sandy. this... after the house faaed criticism for wrapping up the - session without coossderiig the bill.on wednesday... house speaker, john boehner agreed to schedule tomorrow's vote... which considers 9- billion-dollars for the national flood insurance 3 scheduled for later this month... to look at the remaining 51-billion dollars in theepackage. 3& every... yyar... we sayyit.../ &p "this... year... s going... to be... year... iim....going to start... doong this.../ & or... stop doing that...."/ but... he... sad reality... is... that... most of our... reeolutions... thru... february....//todaa... & eehave ...a.. "life coach" .../ susaan... stern.
CSPAN
Jan 1, 2013 1:00pm EST
, pass it. nothing like bringing in the new year with a good old fiscal cliff get it together congress. henry is on our independent line, henry, good afternoon, this is c-span and you're on. caller: good afternoon. i'm an independent and i wanted to comment that i guess the democrats have to be cause shouse that the republicans don't wake up and take the position they have in a catch 22 position. they can give him everything he asked for and if he's successful in his programs and his plans, we are the republican party and the house gave you ever dollar you asked for, everything worked out fine and turn around to the american public and say it was us, the republicans that did this. if it doesn't work out they can turn around and say, well, we gave you everything you asked for and it didn't work. it time for us to take over. just a word of caution to the democrats. >> connie in south carolina. good afternoon. caller: happy new year. i was calling about that speech actually. the house did pass a bill in august and it seems like the house democrats are talking like, you know, no bill was passed.
FOX News
Jan 3, 2013 2:00pm PST
grand compromise. if you look at what reagan did, he had a democratic congress. he had tip o'neale. they worked together. they lowered rates. they limited deductions and were able to do a lot together. that is over. >> eric: you know, one of the things -- >> bob: one thing about reagan, as a guy i met two times. wonderful human being. ronald reagan, you think he ought to be on mount rushmore. he signed in law the largest tax increase in history, but he had to do it because he and tip o'neale had to save social security. i understand that. the government didn't get smaller under reagan, it got bigger. >> eric: no. >> bob: yes, it did. there was not a single agency or department closed i remember in that period. reaganerra , i'm not sure i understand what it is about the nostalgia for the guy that is so big with conservatives. >> eric: ronald reagan cut individual tax rates. >> bob: the fica increase is largeest in history. he cut taxes, right. >> eric: cut individual tax rates and got growth. obama has recession. he got lower inflation and obama has higher prices. this is anti-reaga
MSNBC
Dec 27, 2012 7:00am PST
congress doing something about this and coming together? >> i know you've used the term sense of urgency, but i think people want common sense and that's common ground. there will be a sense of urgency if we fail to avoid the fiscal cliff, go over it and the markets react badly to it. right now people want us to come together in a bipartisan way. the absolute has to be bipartisan in the house. we've seen that in the last week. not even plan b, which is an unreasonable alternative to the too,000 threshold was able to garner a majority in the house of representatives. the speaker can't sell it to his own party, so i think he has to craft a bipartisan solution one way or the other, put aside the politics here. the nation's economic will suffer. >> should it come from the senate or from the house? >> i don't think it matters where it originates, but the point is the senate has already passed a bill that represents a reasonable compromise. extend the 250 -- the tax cuts for all incomes up to $250,000, and everybody would benefit on that first $250,000 of income. that it not only protects the
CSPAN
Jan 2, 2013 10:00am EST
on american soil, we as a congress have the responsibility and tradition of working together, democrat and republican, to help communities rebuild. our citizens are counting on us to help them recover from this storm and mitigate future disasters. i urge, i respectfully urge house leadership to reconsider their decision. support the victims of hurricane sandy. put politics aside. do the right thing. people are waiting. people need this assistance. let's bring the bill to a vote today. the speaker pro tempore: the gentlelady's time has expired. the chair recognizes the gentleman from new york, mr. king, for five minutes. mr. king: thank you, mr. speaker. at the outset let me thank you for your service during the time of congress and thank you very much for your remarks here this morning. i think it's important to set the record straight. last night many of us came to the floor and rightfully said that the conduct of the republican leadership was disgraceful, it was indefensible and immoral. i think it's important to lay out the facts as to how we reached this situation so we a
CNBC
Dec 26, 2012 3:00pm EST
is telling congress they need to come together and rise above because this is foolish. you're embarrassing us to the world. get over it. >> if you're in d.c. tomorrow and friday and you go to starbucks, the barrister will write come together on your cup. >> coming up, it won't be the end of the world if we go over the cliff, really? stick around for our cliff discussion and more video on the fiscal cliff as well. you're watching cnbc, first in business worldwide. what starts with adding a friend... ♪ ...could end with adding a close friend. the lexus december to remember sales event is on. this is the pursuit of perfection. your doctor will say get smart about your weight. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge t
NBC
Dec 26, 2012 6:30pm EST
fashion, where members of congress are deeply grid locked with no sign of coming together, then we're likely to go over and stay over. and that's very problematic. >> reporter: going over the cliff would restore higher bush era tax rates and trigger deep spending cuts on january 1st. congress set up the harsh mechani mechanism, hoping it would force a compmise, but it hasn't. >> washington remains on square one in the fiscal cliff talks. >> reporter: congress reached this brink before christmas when speaker john boehner failed to get enough house republicans to support his solution, threw up his hands and said it's up to leader reid and the president. >> how we get there, god only knows. >> reporter: aides say reid's plan would avoid tax increases for people making less than $250,000, eliminate spending cuts and restore unemployment benefits. >> what needs to happen now is for a sense of desperation among lawmakers to kick in and realize that if we go past january 1st with no deal, the markets are likely to decline in a significant way and alarm most americans. they don't want t
FOX News
Dec 27, 2012 8:00am PST
out and say thank you to all of the community and all the marines and all the members of congress who banded together in a bipartisan way to get john home for christmas. amen. jon: yeah. it was a job well done, and, you know, i know your office shares in the -- >> a pleasure. jon: -- as well, and just getting him home for christmas, some people thought it would take a miracle, and it happened. congresswoman ileana ros-lehtinen, thank you. harris: the u.s. labor department reports new claims for jobless benefits dropped last week by about 12,000 to an estimated 350,000. there are still well more than 12 million americans, though, out of work. we do know that. and as we have seen, new jobs most up come from small businesses. time now to spotlight small business owners and how they find a way to thrive in this tough economy. kathy dino is cofounder of painting with a twist. she has a simple conception; a little paint, a little wine and a lot of fun. kathy, thanks for being here. i tweeted this morning seeking feedback from your customers, and, boy, did i hear from them. and i also he
CNN
Jan 2, 2013 4:00am PST
level drops, remember, there was a bank bailout. put together, congress didn't take it, and the stock market reacted wildly. huge declines and we've talked to members of congress and said that memory is fresh in their minds. they didn't want to hurt people again with having their 401(k) get slammed. i feel like there are going to be many more morning in the first half of the year where we'll talk about what are futures doing. the congress is it the 11th hour again. >> christine romans, at the capital late last night. congresswoman marsha blackburn, republican from tennessee, voted against the bill. congresswoman, good morning. good to see you again. >> good morning. good to see you. >> before we get to why the no vote, take us behind the closesed doors and give us details that have not come out yet. what was the room like? >> oh, we had a very spirited debate, as you can well imagine, but it was healthy, it was good and members of the house, republican members of the house decided we are done with kicking this can down the road. it will happen no more. we grabbed that can, and t
CNN
Jan 2, 2013 2:00am PST
. thank you for watching. >>> 257-167. >> better than late than never. congress finally comes together and passes a late night fiscal cliff deal. this morning we have the winners and losers for you. >>> delicate condition. that's the word on hugo chavez's health this morning. their people told to pray for their president. >>> sure, why not. thousands take an icy plunge all for a good cause. have you ever done that? >> never. i've considered it. >> on the list of things i will never do. >> good morning, everyone. welcome to "early start." john berman will stop by later. it is 5:00 a.m. in the east. >> up first, back from the bottom of the fiscal cliff, at least for now, millions of taxpayers and small business owners can exhale this morning sort of because late last night, the house passed a senate bill that temporarily brings you us back from the brink. the final tally, 257 for, 167 defense. it's interesting to note that while some top house republicans voted no, speaker john boehner voted yes. and here's what the deal means for you. no tax hikes for couples earning less than $450,000
FOX News
Dec 31, 2012 1:00pm PST
it will affect their paychecks and spending in the new year. >> it is everyone to blame. the congress needs to get their act together. that is my we opinion. >> we need spending cuts. >> spending cuts. >> that is not happening. >> everyone makes promises on both sides and no one has fulfilled the promises. >> it will affect everything including quality of life. >> both a mess. >> no one is doing their job. >> that does not sound encouraging on a day when we are supposed to reflect about 2012 and, maybe, saying our wishes and resolutions for 2013 this is what we are talking about. >> butject -- but jokesters, nonetheless, behind you. >> negotiations ongoing and bret baier and senator john mccain are my guests, coming up. >> it will have to be a matter of shared sacrifice as long as i am president. i will be president for the next four years i hope. >> whatever the group of people that he was talking to were laughing and cheering and applauding, as we are on the brink of this collapse, that's not the way presidents should lead. power down your little word game. i think your friends will
CBS
Dec 27, 2012 4:00am PST
to compromise. its employees are now writing "come together" on coffee cups in all washington, d.c., area stores. now, if congress does not act, experts believe the economy will fall back into a mild recession, duarte, by mid-2013. >> it's a tough situation. tara mergener in washington. thanks. >> coming up on the "morning news," shark tank soaker caught on tape. the glass of an aquarium suddenly bursts, drenching spectators and sending fish flying. this is the "cbs morning news." one day george got an important letter. he's built a rocket ship to travel into space." google, how far is earth to the moon? the moon is 238,900 miles... "the great moment had come." 3, 2, 1... [ giggling ] and it feels like your lifeate revolves around your symptoms, ask your gastroenterologist about humira adalimumab. humira has been proven to work for adults who have tried other medications but still experience the symptoms of moderate to severe crohn's disease. in clinical studies, the majority of patients on humira saw significant symptom relief, and many achieved remission. humira can lower your ab
ABC
Dec 30, 2012 9:00am EST
that during their wewell-earned chrisas break, both of us would have found a wayy to come together and get something done. >> this is not the fault of ngress. congress is behaving likee congressss. this is the president's fault. he needs to go to the countryy and explain why they need to get this done. he has never done that. >> we are in different universes. i have heard him talk about it over a and over, incessantly about where we should not go over the fiscal cliff. it is congress's fault. congress created this fiscal cliff. no one else to impose this on them. it is a self-imposed problem. >> the problem is that the president has never ge to the nation and made a serus speech about debt. he ignored it the first two years. he appoints aommission that he studiously ignores for the nextt two years. that is why we are at the fiscal cliff now. he is not serious about that. none of his proposals the raise taxes on the ridge. it is 8 cents on the dollar. it is a trivial amount money, and he has never put any political capital in entitlemement reform. you talk aut it here or there. neve
NBC
Dec 29, 2012 6:00pm EST
>> time is running out to prevent going over the fiscal cliff. congress needs to reach an agreement. the deadline is days away. a celebration of family and culture. baltimore residents are coming together to observe the holiday. >> the rest of the weekend looks good. we will check the forecast in a few minutes. >> you are watching wbal-tv 11. this is 11 news at 6:00. >> in just 48 hours, taxes could go up substantially. president obama and house speaker john banner could not reach a compromise. it is now up to the leaders of the senate to try. they are working on a plan today. they're hoping to bring it to lawmakers to mark. >> as senate leaders work behind closed doors, president obama and republicans issued it messages on the web. >> we cannot afford itself- inflicted when to the economy. the economy is growing. keeping it that way means the folks you sent to washington have to do their jobs. >> if the nation goes over the fiscal cliff, each side says the other is to blame. correct we can still avoid going over the fiscal cliff if the president and senate step forward and work wit
MSNBC
Jan 2, 2013 8:00am PST
when tragedy strikes, it's americans' duties to come together to help those in need, urging congress to pass this type of relief bill. why do you think boehner is not moving on this? congressman isic ia -- isa said filled the bill will pork. do you think that's the reason why your house republican colleagues aren't moving this or speaker boehner is not moving on this? or is boehner worried about showing a preference to new york city for some of the more conservative red state members of his conference? >> well, that statement from congressman isa shows how quick house republicans are to jump the gun against new york. the fact is every one of those items was taken out of the bill. every one of those items. they were put into the senate and taken out of it in the house. the bill that was going to go on the house floor did not have any of those items that congressman isa was talking about. john boehner wouldn't talk to us last night. i would say with the fiscal cliff and people in the party talking about spending he thought it was too much to put together but this is always sep
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